Vigilant Accounting

It's good business. And the law.

Elite Air's accounting practices ensure you always know where your money is going. And when it comes time to report your holdings, everything will be in proper order.

Elite Air CEO and tax attorney Gray Gibbs discusses the role of recordkeeping in satisfying the IRS.


Elite Air's customers demand accurate and detailed financial records for their airplanes. In addition, the IRS often looks more closely at records associated with a private plane because owners may use them for both business and personal reasons. Adequate recordkeeping takes time. Elite Air's full-time staff and unique knowledge of the tax code takes the burden of endless paperwork out of your hands, whatever the nature of your trips.